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Advanced Accounting – General Features, Disclosures and Format of Three Financial Statements Part. 1 General features, disclosures and format of three financial statements1. Eight general featuresExtract from the financial statements and notesAASB standardsExplanation1) Present fairly and compliance with IFRS[pic 1][pic 2][pic 3][pic 4][pic 5][pic 6][pic 7]2) Going concern basis[pic 8][pic 9][pic 10]3) Accrual basis of.